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Adnoc Drilling raises over $1.1b in oversubscribed IPO

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ABU DHBAI / WAM Abu Dhabi National Oil Company (Adnoc) on Monday announced the successful completion of the bookbuild and public subscription process for the Initial Public Offering (IPO) of Adnoc Drilling Company PJSC. It confirmed the previously announced increased offering size from 1,200,000,000 ordinary shares to 1,760,000,000 ordinary shares (Offer Shares), equivalent to 11 percent of total issued share ...

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Sheikh Mohamed congratulates Chechen president on re-election

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, held a phone call with Ramzan Kadyrov, president of Chechnya, during which he congratulated him on being re-elected for another presidential term, and wished him continuing success in performing his duties. His highness Sheikh ...

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UAE, Georgia sign deal on maritime training

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ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) has signed a Memorandum of Understanding (MoU) with the Maritime Transport Agency of the Ministry of Economy and Sustainable Development in Georgia. Under the MoU, the UAE and Georgia will recognise maritime education and training as well as certificates of competency of seafarers issued by the competent authorities in ...

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